Economics at your fingertips  

What Works in Securities Laws?

Rafael La Porta, Florencio Lopez‐ de‐silanes and Andrei Shleifer
Authors registered in the RePEc Author Service: Florencio Lopez-de-Silanes ()

Journal of Finance, 2006, vol. 61, issue 1, 1-32

Abstract: We examine the effect of securities laws on stock market development in 49 countries. We find little evidence that public enforcement benefits stock markets, but strong evidence that laws mandating disclosure and facilitating private enforcement through liability rules benefit stock markets.

Date: 2006
References: Add references at CitEc
Citations: View citations in EconPapers (514) Track citations by RSS feed

Downloads: (external link)

Related works:
Working Paper: What Works in Securities Laws? (2006) Downloads
Working Paper: What Works in Securities Law? (2003) Downloads
Working Paper: What Works in Securities Laws? Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Journal of Finance from American Finance Association Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

Page updated 2019-11-30
Handle: RePEc:bla:jfinan:v:61:y:2006:i:1:p:1-32